A single copied address was all it took. Blockchain security monitors say a user has lost nearly $50 million in USDT after falling victim to an address-poisoning scam, one of the most deceptively simple, yet devastating, attack vectors in crypto. The incident has reignited concerns around wallet hygiene, transaction history risks, and the limits of recovery once funds move through privacy infrastructure. According to SlowMist monitoring, a user lost nearly $50M in USDT to an address-poisoning scam. The victim mistakenly copied a look-alike address from transaction history and transferred 49,999,950 USDT to the attacker. The stolen funds were then converted
The post Nearly $50M USDT Vanishes in Address-Poisoning Scam, Victim Issues 48-Hour Ultimatum appeared first on The Merkle News.
